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SAN FRANCISCO: India is no longer a decade behind Silicon Valley in building with artificial intelligence, Elevation Capital’s AI partner Krishna Mehra said, arguing that founders in Bengaluru and other Indian hubs are now closer to the global frontier and should aim to build category-leading companies rather than “number two or three” players.“In the SaaS…
Asian markets are mostly down on Friday as concerns about AI investments grow. Tech stocks took a hit, while gold and silver prices dropped from their record highs. Oil prices also fell as tensions between the US and Iran showed signs of easing. The market’s ups and downs this week were influenced by various factors,…
“DeFi is dead.” That’s how Maple Finance CEO and co-founder Sid Powell summarizes what he sees coming for crypto over the next few years. However, this doesn’t mean the end of decentralized finance; rather, it is the end of treating DeFi as something separate from traditional markets. “In a couple of years, institutions won’t distinguish…
Shipments of Russian oil to China are projected at about 2.07 million barrels per day for February delivery. (AI image) Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record in February. China’s procurement of Russian crude…
NEW DELHI: Congress leader Rahul Gandhi on Thursday backed nationwide protests by workers and farmers demanding protection of their rights. He flagged concerns over labour reforms, trade policies, and potential changes to the rural jobs programme MGNREGA.“Workers fear that the four labour codes will weaken their rights. Farmers are apprehensive that the trade agreement will…
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White House AI and Crypto Czar David Sacks is changing titles and joining the President’s Council of Advisors on Science and Technology as co-chair, he announced Thursday. Sacks, who was named U.S. President Donald Trump’s crypto and AI czar before Trump retook office last January, has overseen the White House’s early work on crypto initiatives,…
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